Sounds great, but if a state or local govt did this, they& #39;d be sued straightaway for a "takings" under the 5th Amendment.

There& #39;d be an injuction, and the govt would probs lose later on merits.

Just write everyone a $4K monthly check, and they& #39;d pay their bills. Problem solved. https://twitter.com/Ilhan/status/1247992743881834496">https://twitter.com/Ilhan/sta...

And the 2nd, 3rd, 4th order ramifications are dicey, even if the policy survives legal challenge.

There& #39;s a lessee, a lessor, and a lender to the lessor. The lender has probs securitized the mortgage. The mortgage-backed securities are held by many, including pension funds.

Just cut everyone a big check every month and call it a day.